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Health plan cost increases continue to outpace other economic indicators. For most manufacturers health plan cost is the third largest cost item after raw materials and payroll. Health plans contribute to productivity of your workforce as well as supporting attraction and retention of key talent. This session will provide a view of what large and small manufacturers are doing in the US to manage health care plan cost and maintain a competitive employee benefit. The discussion will be supported by detailed manufacturing survey data outlining health plan cost, plan features, strategic initiatives, and management techniques including case studies.
Learning Objectives:
Understand key cost drivers of employer sponsored health plans
Learn the strategies and tactics consistently used by employers to manage plan cost
What innovations are coming in plan management and how might they impact cost, plan participants and productivity
